Looking to Transition into Corporate finance with an MS in finance?
I currently hold a Bachelor of Arts degree and work in an office banking role that I really enjoy. However, I’m eager to make the leap into corporate finance. My in-state school is ranked in the top 25, and I’m wondering if earning a Master’s in Finance would be sufficient for this transition.
I considered pursuing a second bachelor’s degree at this institution, but they don’t allow it. Another option would be to earn a related business degree first and then follow it up with an MS in Finance. This way, I could access the business school’s career services while still obtaining a degree from a prestigious program. What do you think?
One response
It sounds like you’re on the right track with your plans! A Master’s in finance can certainly help you break into corporate finance, especially if you’re coming from a background in banking. Since you’re already working in an office banking role, you may have some relevant experience that can make you stand out to potential employers.
Here are a few things to consider as you navigate your options:
Leverage Your Current Role: Since you enjoy your current role in banking, look for opportunities to gain more quantitative or financial analysis experience. Seek out projects or responsibilities that align with corporate finance functions.
Master’s in Finance: Pursuing an MS in Finance from a top 25 school can be a great asset. Programs often provide specialized knowledge, networking opportunities, and access to career services, all of which can help you transition into corporate finance.
Related Business Degree: If you’re considering pursuing a related business degree, think about how that can position you for corporate finance roles. Programs in business administration or finance often include courses in financial analysis, corporate strategy, and investment management, which can be beneficial.
Networking and Internships: Regardless of the degree path you choose, networking will be crucial. Connect with alumni and professionals in corporate finance through LinkedIn or career fairs at your school. Internships, even part-time or short-term ones, can also significantly enhance your resume.
Prepare for the Transition: Familiarize yourself with what employers look for in corporate finance candidates. Skills in financial modeling, valuation, and a strong understanding of financial statements will be beneficial. Online courses or certifications (like CFA, if you’re interested) can also add to your qualifications.
Career Services: Utilize the career services at your current school or the business school you’re considering. They often have connections and resources that can help you land interviews and job opportunities.
Ultimately, your combination of education and relevant experience will be key. With your determination and strategic planning, you can successfully transition into corporate finance!